NH Investment & Securities analyzed on the 4th that SensorView could seize a significant opportunity once investments in 5th generation mobile communication (5G) 28GHz become full-scale.
Researcher Kyunggeun Kang of NH Investment & Securities explained in a report on the day, “SensorView is an RF Connectivity solution company,” adding, “Its main product lines include millimeter-wave antennas, high-frequency cables, and ultra-precision connectors, possessing intrinsic nano-material processing technology, shielding process technology, and precision design technology that minimize signal loss in the high-frequency domain.”
SensorView’s products are applied not only to 5G base stations and terminal devices but also to various fields such as defense, aerospace, and the semiconductor industry. The company also has extensive development experience and know-how related to manufacturing materials and components for mmWave (millimeter-wave).
Researcher Kang stated, “SensorView has secured numerous references and Tier-1 customers in the 5G market,” and added, “In 2018, it was selected as a supplier for Samsung Electro-Mechanics and Keysight, delivered high-frequency cables to SpaceX, and is currently mass-producing and supplying ultra-small transmission lines, components mounted on Qualcomm’s small cells.”
He analyzed, “These references will act as significant opportunity factors for the company when 5G 28GHz investments become full-scale in the future,” and “Of the total 11.1 billion KRW to be raised through this IPO, 8.1 billion KRW will be used for facility investment and 3.0 billion KRW for R&D investment.”
Meanwhile, SensorView is undergoing a technology-special listing after receiving an A grade from NICE Information Service. The expected price-to-earnings ratio (PER) for this year is around 9.0 to 11.2 times based on the public offering price and 2025 performance guidance (applying a 20% annual discount rate). The number of shares offered is 3.9 million shares (100% new shares), and the tradable volume after listing is 36.8%.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
